Bunker demand to buoy Asia’s HSFO market; ample supply likely to cap major upsides

The Asian high sulfur fuel oil market will likely garner some support in 2026, buoyed by persistently higher bunker sales on the back of growing numbers of scrubber-installed ships, but competition with cleaner alternative fuels and ample availability of sanctioned cargoes would continue to weigh on the fundamentals. As Singapore is seen as a viable …

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